-management by chaos - resulting in a lot of unnecessary churn and work
-no respect for work life balance
-management expects you to be on call all the time
-everyone is so busy, training and development is an afterthought
-very top down structure where individuals hold little authority and are often micromanaged
-management considers "company pride" as a perk, and skimps on other benefits
-financial compensation is not competitive
-no clear career development opportunities
-very few processes, so the culture is people-driven, and therefore, very political
-management is maniacally focused on the bottom line, so certain detrimental behavior is not discouraged. This is often manifested in needless politicking, bad management styles, heavy-handed vendor relations, and turf wars. In short, jerks are tolerated.
-the company is very siloed, limiting mobility (in my case, my VP would not allow me to consider jobs outside his umbrella)
-different organizations have different incentives, often resulting in poor coordination at critical hand-off points